Egypt Healthcare Market Comprehensive Analysis and Forecast 2023 to 2028

Markntel Advisors’ report, Egypt Healthcare Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2028, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Egypt Healthcare presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

Egypt Healthcare Market Research Report & Market Summary:

The Egypt Healthcare market is projected to grow at a CAGR of around 10.79% during the forecast period, i.e., 2023-28. The enormous presence of public & private healthcare facilities, such as specialty hospitals, clinics, etc., widely supported the revenue growth of the Egypt Healthcare market during the historical years. The country has gained a strong reputation within the Middle East & Africa region, owing to the availability of skilled healthcare professionals & infrastructure at a competitive cost, along with easier visa access compared to other regional competitors. This has notably helped the country earn a strong reputation as a medical tourism hub of the region.

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Egypt Healthcare Market Dynamics:

Key Driver-

Launch of Universal Health Insurance Plan to Boost the Market Growth - Since the historical years, the Egypt government has been constantly focusing on providing quality healthcare & cost-competitive medical services to residents to improve access to healthcare. As a part of the initiative, in 2018, the government launched a Universal Health Insurance (UHI) plan, 2032, to increase the adoption of advanced healthcare facilities among individuals.

Due to the high medical cost of treatment, the economically poorer section often abstains from availing the medical services, which in some cases contributes to a higher disease burden in the country. Hence, with the implementation of the plan, around 55.6 million populations were covered under the insurance scheme, according to the Government of Egypt. This notably resulted in an increased demand for healthcare services among the citizens.

Hence, the initiative of the Government of Egypt to provide healthcare subsidies is anticipated to have a significant impact on the healthcare market and would drive the need for cost-competitive & efficient medical services in Egypt during 2023-2028.

Egypt Healthcare Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Type of Hospitals

Government
Non-Government

Here, Non-government or private hospitals held a significant revenue share in the Egypt Healthcare market compared to the government healthcare facilities.

By Specialization

General Hospitals
Specialized Hospitals

By Disease Type

Diabetes
Cancer
Cardiovascular
Neurological
Respiratory
Bone & Skeletal
Eyes Nose Throat (ENT)
Others

Among them, the Diabetic disease type contributes heavily to the revenue generated by the Egypt Healthcare industry. This is due to a steady growth in diabetic patients, as a result of sedentary lifestyles, which may have resulted in an increase in obesity rates among the population.

By Region

Cairo
Dakahlia
Giza
Alexandria
Others.

As indicated in the latest market research report published by Markntel Advisors, “Egypt Healthcare Research Report: Forecast (2023-2028)”, this report offers a detailed analysis of the industry, featuring insights into the Egypt Healthcare industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/egypt-healthcare-market.html

Top Companies Operating in the Egypt Healthcare Market:

Cleopatra Hospital Group
Saudi German Hospital
As-Salam International Hospital
Katameya Clinic Hospital (KCH)
EL Nozha International Hospital (NIH)
Wadi ElNeel Hospital
Arab Contractors Medical Center
Ganzouri Specialized Hospital
Others.

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Key Report Highlights:

Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

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